I have now retired and need to make a decision on where to put the lump sum money from my pension. I have a Vanguard account where I am thinking I will put the money and then invest. My tendency is to keep it simple with a 40/60 equity bond split in something like the Total Stock Market, Total International stock market and the Total bond Market. I am thinking of mixing in some TIPS with the bond portion as well. I am also looking at buying a CD with a portion of the money. What do people think of investing in the Vanguard CD's vs bank or credit union. I know they don't compound but they also have long term ones that are higher rates. FDIC insured as far as I can tell from the Vanguard site info. My other option is to roll some into my 401K managed by T Rowe Price where I have a company fund that averages around 4 percent a year but not FDIC insured. My other options there are limited more than in the Vanguard account. Looking for any comments on the suggested strategies.